In latest attempt to break Gatorade’s lock on the sports market, Coca-Cola (KO) announced it is buying a stake in BodyArmor, the sports drink startup backed by Kobe Bryant and other athletes. Commenting on the news, Evercore ISI analyst Robert Ottenstein told investors that it views Coca-Cola’s stake in BodyArmor as a “clear positive” for […]

It was good to see a healthy 2.28% bounce in the Nikkei today, especially after yesterdays 2% decline. Unfortunately, some of this was at the expense of the currency as the Yen lost 0.5% back to a 111 handle. The currency drop helped exporters recover some of yesterdays losses, but there is still plenty of […]

A New York Fed report shows household debt hit a new record high of $13.29 trillion in the second quarter. Inquiring minds are digging into the New York Fed Quarterly Report on Household Debt and Credit. Total Debt Mortgage Originations Auto Loans by Credit Score Credit Score Ratings: Equifax “Lenders generally see those with credit scores 670 […]

If you had been put into a sleeping chamber for the past seven years and shown a series of the largest equities around, you would assume, quite understandably, that the Dow was probably at about 40,000 and hadn’t had a down day since George Bush left office. These stocks are the stalwarts – – and […]

CoinCentral Court: Ripple in the Hot Seat As the number three cryptocurrency by market cap, it’s impossible for Ripple (XRP) to escape the limelight. With rumors of bribing exchanges for listings and a heated lawsuit with R3, it’s easy to see why so many people dislike the project. But, does Ripple deserve the flak it’s been receiving? In our second […]

In latest attempt to break Gatorade’s lock on the sports market, Coca-Cola (KO) announced it is buying a stake in BodyArmor, the sports drink startup backed by Kobe Bryant and other athletes. Commenting on the news, Evercore ISI analyst Robert Ottenstein told investors that it views Coca-Cola’s stake in BodyArmor as a “clear positive” for […]

Market Talk- Tuesday, August 14

It was good to see a healthy 2.28% bounce in the Nikkei today, especially after yesterdays 2% decline. Unfortunately, some of this was at the expense of the currency as the Yen lost 0.5% back to a 111 handle. The currency drop helped exporters recover some of yesterdays losses, but there is still plenty of […]

Household Debt Hits Record High $13.29 Trillion Led By Mortgages, Student Loans

A New York Fed report shows household debt hit a new record high of $13.29 trillion in the second quarter. Inquiring minds are digging into the New York Fed Quarterly Report on Household Debt and Credit. Total Debt Mortgage Originations Auto Loans by Credit Score Credit Score Ratings: Equifax “Lenders generally see those with credit scores 670 […]

The Unstoppables

If you had been put into a sleeping chamber for the past seven years and shown a series of the largest equities around, you would assume, quite understandably, that the Dow was probably at about 40,000 and hadn’t had a down day since George Bush left office. These stocks are the stalwarts – – and […]

Putting Ripple On Trial, A Dissection Of Crypto’s Most Controversial Coin

CoinCentral Court: Ripple in the Hot Seat As the number three cryptocurrency by market cap, it’s impossible for Ripple (XRP) to escape the limelight. With rumors of bribing exchanges for listings and a heated lawsuit with R3, it’s easy to see why so many people dislike the project. But, does Ripple deserve the flak it’s been receiving? In our second […]

Another Problem Emerges For Elon Musk

While it has yet to be seen if the SEC will crack down on Elon Musk, and whether the Tesla CEO can round up enough investors (which he allegedly already has a commitment letter from over a week ago) to participating in his going private transaction, remains to be seen but even in an ideal […]

US Dollar: Up, Up, And Away?

The latest outbreak of volatility in Turkey has been a headache for many assets, but it’s been an absolute boon for the US dollar. Until Friday, the world’s reserve currency had spent the last three months consolidating in a sideways range below 95.50 as traders weighed the long-term uptrend against the potential for the greenback’s […]

Shares of Tapestry (TPR) are on the rise after the company, formerly known as Coach, beat consensus estimates for the fourth quarter, driven by strong performance of its Kate Spade as the death of the namesake founder in June stoked nostalgia for the brand. Commenting on the quarterly results, Loop Capital analyst Laura Champine recommended […]

Advance Auto Parts, Inc. Shares Gain $11 On Strong Q2 Results

Advance Auto Parts, Inc. (NYSE: AAP) Auto parts retailer, Advance Auto Parts came out with an upbeat second-quarter report early Tuesday, which sent its stock on an upward run. The Roanoke, Virginia-based company finished above Wall Street expectations on both profit and sales. Advance Auto Parts also boosted its revenue forecast for the full year and announced plans to […]

Chart: Global Equity PE10 Valuations – Tuesday, August 14

As the pressure comes down on global equities – particularly global Ex-US (and particularly emerging markets) – valuations have likewise come down. But the movement in valuations is so far relatively small.US PE10 valuations have clawed back much of the decline, while emerging market valuations have moved to new lows for the year, down -15% since the top […]